Mercantile (Ordinary Share) MRC

UK Growth

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Estimated NAV

2360.00

Share Price

2104.00

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
Mercantile (Ordinary Share) Price 61.58%
Mercantile (Ordinary Share) NAV 55.38%
FTSE 250 ex Inv Trusts 40.51%
Total Returns on £1000

Discount / Premium Movement

Discount / Premium Movement

Shares

Share Type Yesterday's
Closing Price
Discount / Premium Diluted NAV Gearing Dividend
Est Last
Ordinary Share 2098.0 -11.1% 2360.00 2404.00
02 Nov
110% 2.41%

Discrete performance % over

Fund / BenchmarkJan '15
Dec '15
Jan '16
Dec '16
Jan '17
Dec '17
Mercantile (Ordinary Share) Price28.23-3.4330.48
Mercantile (Ordinary Share) NAV22.62-0.6427.53
FTSE 250 ex Inv Trusts13.056.8716.29

Discrete performance over

Discrete Performance

Top 10 Holdings

Bellway PLC 2.66%
D S Smith PLC 2.66%
Just Eat 2.34%
Spirax-Sarco Engineering PLC 2.24%
Halma 2.13%
Intermediate Capital Group 2.02%
Inchcape Plc 1.92%
Bodycote International plc 1.81%
Hiscox Insurance 1.70%
Man Group 1.70%

Sectors weighting

General Industrials 30.50%
Consumer Services 21.90%
Finance - General 21.70%
Consumer Goods 9.50%
Net Current Assets 6.10%
Technology 5.40%
Materials 2.80%
Healthcare 1.10%
Utilities 0.40%
Oil & Gas 0.30%
Telecommunications 0.30%

Regional weighting

UK 93.00%
Cash/Cash Equivalent 7.00%
  • Investment trust info:

  • Sector UK Growth
  • Launch Date 08 Dec 1884
  • Currency GBX
  • Domicile UK
  • Share Price 2104.00
  • Share Type Ordinary Share
  • TIDM MRC
  • ISIN GB0005794036
  • Shares Issued (M) 82
  • Market Capital (£M) 1724.66
  • Gross Assets (£M) 2133.95
  • Net Assets (£M) 1939.69
  • TER (%) 0.50
  • Historic Dividend Yield (%) 2.41
  • Last AGM 25 May 2017
  • Next AGM 25 May 2018
  • Last Annual Report Date 10 Apr 2017
  • Next due Report Date 31 Jan 2018
  • Next due Report Type A/R
  • Objective:

    To achieve long-term capital growth from a UK portfolio of medium and smaller companies with dividend at least in line with UK inflation.

  • Management Group(s):

  • J.P. Morgan Fleming Asset
  • JP Morgan Asset Management (UK) Ltd
  • JPMorgan Asset Management (UK) Ltd
  • JPMorgan Funds Limited
  • Managed by:

  • Anthony Lynch Start: 31 Dec 2009
  • Guy Anderson Start: 01 Aug 2012
  • Martin Hudson Start: 01 Jan 1994
  • Management Contract & Fees:

    Management agreement with JPMorgan Funds Limited terminable on 6 months' notice. The management fee is paid monthly in arrears and is equal to 0.475% p.a. of the Company's market capitalisation and it will further reduce to 0.45% with effect from 01-Feb-18.